ARMEN SAS
ARMEN SAS is a Series C+ fund in the US and Europe investing in Developer Tools, private-equity, private-debt and alternative-assets.
- Stages
- Series C+
- Sectors
- Developer Tools, private-equity, private-debt, alternative-assets
- Invests in
- US-wide, Europe
- Round role
- Follows on
- Actively investing
- Yes
- Founded
- 2022
- Assets under management
- ~€300M
Check size not disclosed
Thesis
Armen SAS, established in July 2022 and based in Paris, is a European pioneer in GP Stakes transactions. The firm's strategy is to acquire minority equity interests in management companies within the alternative asset industry, focusing on mid-market European General Partners (GPs) with AUM between €1 billion and €10 billion. They invest across private equity, private debt, and infrastructure, particularly in sectors with strong tailwinds and high barriers to entry. Armen provides strategic capital to help GPs expand their infrastructure, fund new strategies, increase their own fund investments, and accelerate international expansion, emphasizing a local approach with global reach. The firm aims for two to five deals annually. Armen GP Stakes Fund I, with a hard cap of €500 million, closed at approximately €270 million in commitments. The firm operates with a team of 21-50 employees across offices in Paris, London, and Hamburg. Armen SAS is authorized by the AMF in France and holds ERA status with the SEC in the US.
Common questions
Does ARMEN SAS invest at the Series C+ stage?
Yes. ARMEN SAS lists Series C+ among the stages it invests in.
Where does ARMEN SAS invest?
ARMEN SAS invests in the US and Europe.